XML 50 R36.htm IDEA: XBRL DOCUMENT v3.4.0.3
Executive Stock Plans And Stock-Based Compensation (Tables)
12 Months Ended
Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary Of Stock Option And SAR Activity
The following tables summarize the Company’s stock option and SAR activity and related information for fiscal years 2014 through 2016:
 
Shares
 
Weighted-Average
Exercise
Price
 
Weighted-Average Contractual Term
(in years)
 
Aggregate
Intrinsic
Value
Fiscal Year Ended March 31, 2014:
 
 
 
 
 
 
 
Outstanding at beginning of year
418,477

 
$
50.07

 
 
 
 
Exercised
(161,137
)
 
42.48

 
 
 
 
Outstanding at end of year
257,340

 
54.83

 
 
 
 
 
 
 
 
 
 
 
 
Fiscal Year Ended March 31, 2015:
 
 
 
 
 
 
 
Exercised
(63,539
)
 
38.50

 
 
 
 
Cancelled/expired
(24,200
)
 
62.66

 
 
 
 
Outstanding at end of year
169,601

 
59.82

 
 
 
 
 
 
 
 
 
 
 
 
Fiscal Year Ended March 31, 2016:
 
 
 
 
 
 
 
Exercised
(6,200
)
 
51.32

 
 
 
 
Cancelled/expired
(11,200
)
 
62.66

 
 
 
 
Outstanding at end of year
152,201

 
$
59.96

 
1.14
 
$
302


Intrinsic Value And Fair Value Of SARs
 
Fiscal Year Ended March 31,
 
2016
 
2015
 
2014
Total intrinsic value of stock options and SARs exercised
$
26

 
$
1,091

 
$
2,816

Total fair value of SARs vested
$

 
$
375

 
$
769

Summary Of RSU, Restricted Stock, And PSA Activity
The following table summarizes the Company’s RSU, restricted stock, and PSA activity for fiscal years 2014 through 2016:
 
RSUs
 
Restricted Stock
 
PSAs
 
Shares
 
Weighted-Average
Grant Date
Fair Value
 
Shares
 
Weighted-Average
Grant Date
Fair Value
 
Shares
 
Weighted-Average
Grant Date
Fair Value
Fiscal Year Ended March 31, 2014:
 
 
 
 
 
 
 
 
 
 
 
Unvested at beginning of year
292,134

 
$
41.23

 
59,850

 
$
41.68

 
135,017

 
$
35.12

Granted
70,092

 
57.79

 

 

 
52,400

 
53.56

Vested
(69,046
)
 
44.89

 
(11,750
)
 
39.02

 
(32,464
)
 
33.95

Forfeited

 

 

 

 
(5,566
)
 
37.45

Unvested at end of year
293,180

 
44.33

 
48,100

 
42.33

 
149,387

 
41.76

 
 
 
 
 
 
 
 
 
 
 
 
Fiscal Year Ended March 31, 2015:
 
 
 
 
 
 
 
 
 
 
 
Granted
94,539

 
51.86

 

 

 
57,580

 
46.41

Vested
(123,322
)
 
42.02

 

 

 
(50,092
)
 
31.95

Forfeited

 

 

 

 
(3,400
)
 
53.56

Unvested at end of year
264,397

 
48.10

 
48,100

 
42.33

 
153,475

 
45.58

 
 
 
 
 
 
 
 
 
 
 
 
Fiscal Year Ended March 31, 2016:
 
 
 
 
 
 
 
 
 
 
 
Granted
80,932

 
51.62

 

 

 
86,212

 
45.06

Vested
(42,384
)
 
41.64

 

 

 
(85,387
)
 
38.14

Unvested at end of year
302,945

 
$
49.95

 
48,100

 
$
42.33

 
154,300

 
$
48.13

Stock-Based Compensation Expense And Related Income Tax Benefit Recognized
For the fiscal years ended March 31, 2016, 2015, and 2014, total stock-based compensation expense and the related income tax benefit recognized were as follows:
 
Fiscal Year Ended March 31,
 
2016
 
2015
 
2014
Total stock-based compensation expense
$
5,206

 
$
6,230

 
$
6,278

Income tax benefit recorded on stock-based compensation expense
$
1,822

 
$
2,181

 
$
2,197